The supply-demand mechanism will bring an international market into equilibrium
a. at a price below the domestic price.
b. where domestic supplies are less than domestic demand.
c. with one nation's price higher than the other nation's price.
d. when the quantity demanded for exports is equal to quantity supplied.
d
Economics
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As more people started using smart phones, the number of smart phone applications available rose, increasing the smart phone's value to those who already owned one. This is an example of a(n) ________
A) pecuniary externality B) network externality C) moral hazard D) adverse selection
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What is the relationship between the natural unemployment rate, the unemployment rate, potential GDP, and actual GDP?
What will be an ideal response?
Economics